Underwriting Manager

2 weeks ago


Johannesburg, South Africa FirstRand Full time

Job Description

To lead and manage a team of underwriters, implementing the Company’s underwriting guidelines, protocols, policies, principles, and controls, and ensure consistent adherence thereof.

To oversee the life underwriting function and process, ensuring accurate risk assessment and compliance with regulatory standards.

Hello Future, Commercial Underwriting Manager,

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FR Short Term Insurance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

- Ensure adherence to underwriting rules and assist with renewal actions, reinsurance requirements, and VIP policies.
- Provide authoritative underwriting recommendations and oversee underwriting projects.
- Manage risk management processes and policies, evaluate insurance risks, identify claims patterns, and adjust underwriting practices to mitigate risk.
- Act as a business partner, manage external relationships, operate within SLAs, and influence project teams.
- Develop and implement departmental strategies.
- Create and monitor functional policies and procedures.
- Ensure compliance with external and internal standards, manage audits, and align objectives with TCF principles.
- Communicate strategy, motivate the underwriting team, enable business processes, and manage team development.
- Identify and implement business practice improvements.
- Conduct research and analysis to inform decisions and drive competitive standards.
- Set performance objectives, manage staff resources, and ensure alignment with business goals.
- Manage department budget and financial requirements.
- Maintain expertise, provide training, and implement development plans.
- A Grade 12 Business Management/BCom or equivalent degree (Essential)
- FAIS & RE5, Insurance Institute of South Africa or insurance accreditation, Key Individual Accreditation (Advantageous)
- 8-10 years in short-term insurance
- Senior technical underwriting experience (Essential)

You will have access to:

- Opportunities to network and collaborate
- A challenging working environment that is progressive and agile
- Opportunities to innovate where initiative is taken and owned end to end

We can be a match if you are:

- Adaptable and curious
- Understand and pick up on trends quickly
- Thrive in a collaborative environment

post

fnb

LI-AW1

Job Details

23/01/25


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